£1,021,831
This estimated value is based upon the latest sale price for the house of £1,002,500 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £1,002,500 | 15 Dec 2023 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in December 2023 the House Price Index for SURREY was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £1,002,500 results in an estimated price of approximately £1,021,831.
| 15 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £1,002,500 | £19,331 | £1,021,831 |
The Postcode Pricing Model uses changes in average sales price within the GU7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 62.603 % | £627,591 | £1,630,091 |
| 3 Month Average | 4.766 % | £47,779 | £1,050,279 |
| 6 Month Average | -6.661 % | £-66,772 | £935,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,021,832 | £1,002,500 | PATCHINGS THE DRIVE |
| 16 Jun 2023 | £882,153 | £875,000 | 104 BUSBRIDGE LANE |
| 23 Mar 2023 | £1,231,658 | £1,225,000 | 30 CROWNPITS LANE |
| 26 Aug 2022 | £1,047,919 | £1,055,000 | 27 CROWNPITS LANE |
| 5 Jul 2022 | £709,042 | £710,000 | 1 PARKFIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near The Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Fairway |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brighton Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grosvenor Road |